Post by
TABerlioz1111 on Apr 18, 2019 1:25pm
Likely Buyers Among the Majors?
The way things are going with the stock price, and given Brookfield's huge stake, it probably makes the most sense for them to sell the mine to a major just like Stillwater did.
Should be easier than listing on the NYSE or slowly divesting at a ridiculous price to the banksters. Also,makes sense given the mine's low geographical risk compared to other PGM sources in the industry (i.e. South Africa and Russia) and the rosy demand outlook for palladium in the short to medium term.
Who are the likely suitors? Any ideas?
Comment by
sunshine7 on Apr 18, 2019 2:13pm
I think a buyer may be best. Seeing the SP down on somewhat high volume while the fundamentals are improving is a puzzle. The banksters are moving/holding this down for what reason? This is not the time for shareholders to dump.
Comment by
divestor on Apr 18, 2019 2:41pm
Things have never been better for the PDL. Something smells here.